Key Highlights: Stocks in News, Economic & Global Updates 11th August 2026 by GEPL Capital Ltd
Stocks in News
* IRB INFRA: July toll revenue rose 26% year-on-year to Rs 798 crore.
* Mahindra & Mahindra: July production increased 20% year -on-year to 1,01,954 units, while sales rose 25% to 1,02,710 units. Exports surged 47% to 4,159 units.
* JSW ENERGY: The company added 1,166 MW of renewable capacity and 300 MW of inorganic thermal capacity since April, taking its total operational capacity to 14,920 MW.
* JSW STEEL: Total steel production increased 3% year-on-year to 24 lakh tonnes from 23.3 lakh tonnes. India production rose 4% to 23.4 lakh tonnes from 22.6 lakh tonnes, while production from US operations declined 13% to 0.6 lakh tonnes from 0.7 lakh tonnes.
* TEXMACO RAIL: The company signed an MoU with Belgium-based The Signalling Company NV to collaborate on ETCS and Kavach signalling technologies.
* ICICI PRUDENTIAL AMC: The company will acquire ICICI Securities’ PMS business through a slump sale at 1.2% of the transferred AUM. The PMS business currently has assets under management of Rs 2,910 crore.
* LLOYDS METALS & ENERGY: Revenue increased 22% year-on-year to Rs 7,355 crore from Rs 6,020 crore, while EBITDA rose 9% to Rs 2,783 crore from Rs 2,546 crore. EBITDA margin contracted to 38% from 42%.
* PRECISION WIRE INDIA: Revenue surged 60.3% year-on-year to Rs 1,770 crore from Rs 1,104 crore, while EBITDA increased 78.8% to Rs 102 crore from Rs 57 crore. EBITDA margin improved to 5.8% from 5.2%.
* LUMAX AUTO TECHNOLOGIES: Revenue grew 32.9% year-on-year to Rs 1,364 crore from Rs 1,026 crore, while EBITDA surged 54% to Rs 191 crore from Rs 124 crore. EBITDA margin expanded to 14% from 12.1%.
Economic News
* India May Curb Sugarcane Diversion to Ethanol Amid Tightening Sugar Supplies: India may restrict sugarcane diversion for ethanol in the 2026- 27 season to boost domestic sugar supplies and contain record-high prices. The move could bring around 3 million tonnes of additional sugar into the market, offsetting the expected decline in production due to weaker rainfall in Maharashtra and Karnataka. To keep the 20% ethanol-blending target on track, the government may encourage greater use of corn and rice for ethanol while restricting production from sugarcane juice and B-heavy molasses. The government has already banned sugar exports and capped dealer inventories amid tightening supplies and rising festival-season demand.
Global News
* Trump Seeks Compensation From Iran as Hormuz Reopening Remains Tied to US Demands: US President Donald Trump has demanded compensation from Iran for deaths and injuries linked to conflicts involving Tehran, after Iran sought compensation for damage caused during the fivemonth conflict. Tensions remain elevated as Iran refuses to reopen the Strait of Hormuz until the US lifts its blockade, provides war-damage compensation, eases sanctions and releases frozen Iranian assets. Meanwhile, Iran is holding separate talks with Oman on a potential temporary shipping corridor, but has indicated that a full reopening of the strait remains contingent on negotiations with Washington.
Government Security Market:
* The Inter-bank call money rate traded in the range of 4.60%- 5.15% on Monday ended at 4.85%.
* The 10 year benchmark (6.94% GS 2036) closed at 6.7643% on Monday Vs at 6.7651% on Friday .
Global Debt Market:
U.S. Treasury yields inched lower at the start of the week as investors look ahead to a busy week of economic data, with particular focus on a key inflation reading. At 3:58 a.m. the 10-year Treasury yield was down just over 1 basis point, and the 30-year Treasury bond similarly declined 1 basis point. The 2-year Treasury note yield was trading just above the flatline. A softerthan-expected July nonfarm payrolls report last week weakened expectations for Federal Reserve interest rate hikes. Deutsche Bank analysts said in a note on Monday that the weaker data “reduced the urgency for further Fed tightening in the near term.” Traders are now pricing in a nearly 44% chance that the central bank will raise rates at its September meeting, down from a 67% reading seen a week prior, according to the CME Group’s FedWatch tool. They will now look ahead to core inflation data for July, which excludes volatile food and energy prices, and set to be released on Wednesday at 8:30 a.m. ET. The inflation reading could “go a long way towards tipping the balance for September FOMC pricing,” Deutsche analysts added. This will be followed by the producer price index on Thursday, as well as weekly initial jobless claims. Friday will see retail sales data for July and the preliminary Michigan consumer sentiment index.
10 Year Benchmark Technical View :
The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 6.75% to 6.7675% level on Monday.
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